Edward Fishman on Economic Warfare: The New Age of Power Dynamics | EP 577
Passion Struck with John R. Miles
John R. Miles
4.7 • 779 Ratings
🗓️ 25 February 2025
⏱️ 68 minutes
🧾️ Download transcript
Summary
- Factors contributing to the rise of economic warfare include:
- The hyper-globalization of the 1990s leading to economic interdependence.
- Political shifts post-9/11 that made military action less appealing.
- The resurgence of great power competition, particularly with Russia and China.
- The implications of sanctions and economic tools, emphasizing their dual nature as both offensive and defensive strategies.
- The ethical dilemmas associated with economic warfare, particularly the humanitarian impact on civilian populations.
- The potential for a fractured global economy, with nations becoming isolated economic deserts due to competing economic blocks.
- The importance of maintaining economic security and the risks of over-reliance on economic sanctions are emphasized.
- The dangers of a chaotic global economy where only great powers set the terms, potentially leading to military conflicts.
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Transcript
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| 0:00.0 | Coming up next on Passionstruck. |
| 0:02.1 | I'm most concerned about, and I cover quite a bit in the book, is the way in which China has |
| 0:08.1 | its finger on global telecom networks. |
| 0:11.9 | And this was really the reason why the first Trump administration started trying to bring Huawei |
| 0:17.8 | down to size, because Huawei a great Chinese company quickly dominating |
| 0:22.3 | global 5G networks. Even to this day, there's a lot of our telecom networks that are dependent |
| 0:27.5 | on Chinese base stations and routers. I am concerned about China's ability to shut down our communications |
| 0:35.3 | in a true break glass conflict scenario. |
| 0:38.3 | Welcome to Passionstruck. |
| 0:39.3 | Hi, I'm your host, John R. Miles, and on the show, we decipher the secrets, tips, and |
| 0:45.3 | guidance of the world's most inspiring people and turned their wisdom into practical advice |
| 0:50.3 | for you and those around you. |
| 0:52.3 | Our mission is to help you unlock the power of intentionality |
| 0:56.0 | so that you can become the best version of yourself. |
| 0:59.0 | If you're new to the show, I offer advice and answer listener questions on Fridays. |
| 1:04.0 | We have long-form interviews the rest of the week with guests ranging from astronauts to authors, |
| 1:10.0 | CEOs, creators, innovators, |
| 1:13.6 | scientists, military leaders, visionaries, and athletes. Now, let's go out there and become |
| 1:19.4 | Passionstruck. Hey, Passionstruck, fam. Welcome to episode 577. Whether you're a long-time |
| 1:25.6 | listener or tuning in for the first time, I am thrilled you're here. |
| 1:29.6 | You're now part of a global movement dedicated to living with intention, unlocking your full |
| 1:34.4 | potential and making what truly matters matter most. |
... |
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